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Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Tuesday, 15 April 2008
MAA's Global Natural Resources Feeder Fund
MAA International Assurance Ltd will launch a new feeder fund on 28/4/2008 - Global Natural Resources Fund.The fund will invest in equities of global companies involved in the extraction, processing, transportation and distribution of natural resources.
Minimum initial investment is S$2,500, minimum top-up is S$1,000, 1% free group life insurance is given on the total investment.
Expected annual return is 20%, expected sales is S$30 mil over 12 months.
Source: The Star
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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